Novarc Technologies Overview

  • Founded
  • 2013
Founded
  • Status
  • Private
  • Employees
  • 33
Employees
  • Latest Deal Type
  • Later Stage VC
  • Latest Deal Amount
  • $2.6M
Latest Deal Amount
  • Investors
  • 4

Novarc Technologies General Information

Description

Developer of collaborative welding robots designed to solve automation problems. The company's robots include collaborative robots, welding robots with long reach manipulation to facilitate pipe welding to be performed more precisely and economically, enabling businesses to modernize pipe shops, increase the capacity of the pipe shops, while maintaining quality requirements.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Electrical Equipment
Machinery (B2B)
Primary Office
  • Unit 6
  • 1225 Keith Road East
  • North Vancouver, British Columbia V7J 1J3
  • Canada
+1 (604) 000-0000

Novarc Technologies Timeline

2018201920202021
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Novarc Technologies Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC 25-Feb-2021 $2.6M 00.00 Completed Generating Revenue
3. Early Stage VC 01-Dec-2018 000 Completed Generating Revenue
2. Seed Round 31-Mar-2017 $1M $1M Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view Novarc Technologies’s complete valuation and funding history, request access »

Novarc Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of collaborative welding robots designed to solve automation problems. The company's robots include collaborat
Electronic Equipment and Instruments
North Vancouver, Canada
33 As of 2021
00.00
0000000000 0 00.00

0000 000

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000000000 (000)
Columbus, OH
000 As of 0000
00000
0000 0000-00-00
00000000000 00000

000 0000

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000000000 (000)
Trois-Rivières, Canada
00 000000
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Novarc Technologies Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Path Robotics Venture Capital-Backed Columbus, OH 000 00000 00000000000 00000
000 00000000 Private Equity-Backed Trois-Rivières, Canada 00 000000
000000000 000000 Formerly VC-backed Odense, Denmark 000 00.000 000000&0 00.000
You’re viewing 3 of 3 competitors. Get the full list »

Novarc Technologies Executive Team (4)

Name Title Board Seat Contact Info
Soroush Karimzadeh Co-Founder & Chief Executive Officer
Reza Abdollahi Co-Founder & Chief Technology Officer
Richard Zupp Corporate Controller
Hamid Abdollahi Chairman & Co-Founder
To view Novarc Technologies’s complete executive team members history, request access »

Novarc Technologies Board Members (2)

Name Representing Role Since
Chris Nelson Nelson Investments Board Member 000 0000
Hamid Abdollahi Self Chairman & Co-Founder 000 0000
To view Novarc Technologies’s complete board members history, request access »

Novarc Technologies Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Novarc Technologies Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Nelson Investments Family Office Minority 000 0000 000000 0
BDC Capital Venture Capital Minority 000 0000 000000 0
Seaspan International Corporation Minority 000 0000 000000 0
Foresight Cleantech Accelerator Centre Accelerator/Incubator Minority 000 0000 000000 0
To view Novarc Technologies’s complete investors history, request access »